XML 50 R16.htm IDEA: XBRL DOCUMENT v3.20.1
Intangible Assets, Net
3 Months Ended
Mar. 31, 2020
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

9.INTANGIBLE ASSETS, NET

Intangible assets, exclusive of goodwill, consisted of the following at March 31, 2020:

    

Gross

    

    

Accumulated

    

Net

Carrying

Accumulated

Impairment

Carrying

Amount

Amortization

Loss

Amount

Finite-lived intangible assets:

 

  

 

  

 

  

 

  

Long-term franchise agreements and contracts

$

542,673

$

(199,100)

$

$

343,573

Customer lists

 

581,514

 

(321,578)

 

 

259,936

Permits and other

 

360,454

 

(65,988)

 

 

294,466

 

1,484,641

 

(586,666)

 

 

897,975

Indefinite-lived intangible assets:

 

  

 

  

 

  

 

  

Solid waste collection and transportation permits

 

158,591

 

 

 

158,591

Material recycling facility permits

 

42,283

 

 

 

42,283

E&P facility permits

 

59,855

 

 

(38,507)

 

21,348

 

260,729

 

 

(38,507)

 

222,222

Intangible assets, exclusive of goodwill

$

1,745,370

$

(586,666)

$

(38,507)

$

1,120,197

The weighted-average amortization period of long-term franchise agreements and contracts acquired during the three months ended March 31, 2020 was 2.5 years. The weighted-average amortization period of customer lists acquired during the three months ended March 31, 2020 was 11.0 years.

Intangible assets, exclusive of goodwill, consisted of the following at December 31, 2019:

    

Gross

    

    

Accumulated

    

Net

Carrying

Accumulated

Impairment

Carrying

Amount

Amortization

Loss

Amount

Finite-lived intangible assets:

 

  

 

  

 

  

 

  

Long-term franchise agreements and contracts

$

550,340

$

(192,462)

$

$

357,878

Customer lists

 

587,562

 

(308,427)

 

 

279,135

Permits and other

 

367,127

 

(63,299)

 

 

303,828

 

1,505,029

 

(564,188)

 

 

940,841

Indefinite-lived intangible assets:

 

  

 

  

 

  

 

  

Solid waste collection and transportation permits

 

158,591

 

 

 

158,591

Material recycling facility permits

 

42,283

 

 

 

42,283

E&P facility permits

 

59,855

 

 

(38,507)

 

21,348

 

260,729

 

 

(38,507)

 

222,222

Intangible assets, exclusive of goodwill

$

1,765,758

$

(564,188)

$

(38,507)

$

1,163,063

Estimated future amortization expense for the next five years relating to finite-lived intangible assets is as follows:

For the year ending December 31, 2020

    

$

125,910

For the year ending December 31, 2021

$

109,183

For the year ending December 31, 2022

$

94,080

For the year ending December 31, 2023

$

79,600

For the year ending December 31, 2024

$

68,241